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IBM Eyes a Huge New Market

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<p><span>In the preceding video, Fool.com analyst Lyons George discusses <strong>IBM</strong>'s <span class="ticker" data-id="203983" />foray into the cloud services market, having recently announced its intent to sell cloud computing services to mid-sized businesses. With cloud services growing at 15% annually and expected to reach almost $60 billion this year, it's clear why IBM wants in. What's less clear is how the company will fare. This is a market that's already pretty well spoken for, with front-runner <strong>Amazon.com</strong><span class="ticker" data-id="202816" /> holding an estimated 70% market share in cloud services. For the full story on what IBM is getting itself into, be sure to check out the video.<br /></span></p>
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